Panama vs Philippines: Merchandise trade as a proportion of GDP
Panama
46.1%
in 2024
Philippines
45.0%
in 2024
Panama rank
132nd
Philippines rank
134th
Merchandise trade as a proportion of GDP over time
- Panama
- Philippines
How they compare
Panama currently reports 46.1% against 45.0% in Philippines, a difference of 1.1%.
The two have swapped places 3 times across 25 shared years of data; in 2000 it was Philippines ahead.
Panama ranks 132nd and Philippines ranks 134th of 218 countries.
Across the 3 decades both report, Panama averaged higher in 2 and Philippines in 1.
Head to head by decade
| Decade | Panama | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 64.7% | 78.8% | 14.1% | Philippines |
| 2010s | 71.3% | 47.4% | 23.8% | Panama |
| 2020s | 51.5% | 48.3% | 3.3% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Panama or Philippines?
- Panama, at 46.1% against 45.0% in Philippines as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Panama and Philippines?
- 1.1%, with Panama ahead.
- How many years of comparable data are there for Panama and Philippines?
- 25 years are reported by both, from 2000 to 2024.
- How do Panama and Philippines rank globally for merchandise trade as a proportion of gdp?
- Panama ranks 132nd and Philippines ranks 134th of 218 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.